Lewes, DE -- (SBWIRE) -- 11/25/2015 -- Report forecast the Global Elevator and Escalator Market to grow at a CAGR of 12.23%, in terms of new installed units over the period 2014-2019.

Elevators and escalators are positioned in buildings for efficient movement of people and goods within a building's premises. Elevators and escalators are installed in commercial buildings, residential buildings, mixed-used buildings, IT parks, hotels, restaurants, and retail outlets among others. They are also installed in public places to improve vehicle parking management.

According to the report, the global construction market is growing steadily, especially in emerging economies such as BRIC nations. A large number of new public infrastructure projects are currently underway across the globe, which will drive the growth of the global elevator and escalator market.

Further, the report states that factors such as high manufacturing and installation costs are likely to curtail market growth, brought about by advances in technology and a rise in raw material prices.

In this report covers the present scenario and growth prospects of the global elevator and escalator market for 2015-2019. To calculate the market size, we consider the number of new elevator and escalator units installed in the world during the forecast period. The report presents a detailed forecast for China, EMEA, Rest of APAC, South America, and North America. Also, the report presents the vendor landscape and a corresponding detailed analysis of the four key vendors in the market, and a brief description on the other prominent vendors.

key players in the Global Elevators and Escalators Market: Fujitec, Hitachi, KONE, Mitsubishi Electric, Otis, Schindler, Toshiba Elevator and ThyssenKrupp

Other Prominent Vendors in the market are: Fujitec, Hyundai Elevator, Mitsubishi Electric, and Toshiba Elevator.

Key customer segments
- Commercial customers
- Non-commercial customers

Market driver
- Vertical growth in the global construction market
- For a full, detailed list, view our report

Market challenge
- High cost of manufacturing and installation
- For a full, detailed list, view our report

Market trend
- Increased adoption of energy-efficient elevators and escalators
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be
- What are the key market trends
- What is driving this market
- What are the challenges to market growth
- Who are the key vendors in this market space
- What are the market opportunities and threats faced by the key vendors
- What are the strengths and weaknesses of the key vendors

Spanning over 83 pages and 37 Exhibits "Global Elevator and Escalator Market 2015-2019" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Industry overview, Market landscape, Market segmentation by product, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

Find more information Visit at: http://www.marketresearchreports.com/technavio/global-elevator-and-escalator-market-2015-2019

Related Reports;

1st - Elevator and Escalator Market in France 2015-2019 - Visit at - http://www.marketresearchreports.com/technavio/elevator-and-escalator-market-france-2015-2019

2nd - Elevator and Escalator Market in Argentina 2015-2019 - Visit at - http://www.marketresearchreports.com/technavio/elevator-and-escalator-market-argentina-2015-2019

About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions